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Remodeled 4-Unit Multifamily Property
For Sale
$1,090,000

456 W 52nd St, Los Angeles, CA 90037

Four two-bedroom residences offer updated interiors and tandem parking for each unit.

Property Size3,020 SF
Days on Market10

Property Features for 456 W 52nd St

General Information

Standard status Active
Size 3,020 SF
Total Parking Spaces 8
Property subtype MULTI_FAMILY

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4
Parking per Unit 2

Additional Details

Highway Access Yes

Building Details

Building Size 3,020 SF
Year Built 1922
Listing Agency: Compass
Listed By: Karla Reuben · License #01935848
Source: Jademillsestates
Added: Sep 30 Changed: Oct 3 Last Checked: Oct 7 at 3:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

This four-unit multifamily property contains four 2-bedroom, 1-bathroom residences. Improvements include remodeled kitchens and bathrooms, new flooring and windows, and a new roof. The building dates to 1922, and each residence has two tandem parking spaces, for a total of eight parking spaces.

The property is near the I-110 Freeway, with access to Downtown Los Angeles. Nearby conveniences include shopping, dining, schools, and parks.

Key Highlights

  • Four 2‑bedroom, 1‑bathroom units
  • Eight parking spaces, arranged as two tandem spaces per unit
  • Updated kitchens and bathrooms, new flooring, and new windows

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$50,457
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,009,140 $1.0M
Cap Rate 7%
$720,814 $720.8K
Cap Rate 9%
$560,633 $560.6K
Market Conditions
NOI Build-Up for 3,020 SF
Gross rent
$73.9K $24.48/SF
− Vacancy
−$1.8K −$0.61/SF
EGI
$72.1K $23.87/SF
− OpEx
−$21.6K −$7.16/SF
NOI
$50.5K $16.71/SF
Area
ZIP 90037
Vacancy
2.50%
Lease Rate
$24.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,009,140
Cap Rate 7%
$720,814
Cap Rate 9%
$560,633

Alternative Uses

Best Use
Multifamily LT 5
$720.8K
$630.7K – $841.0K (±1% cap)
NOI $50,457 @ 7.0% cap · market cap 4.63%
Second Best
Apartment 5plus
$640.7K
$560.6K – $747.4K (±1% cap)
NOI $44,846 @ 7.0% cap · market cap 4.11%
Theoretical Best
Office A
$1.18M
$1.04M – $1.38M (±1% cap)
NOI $82,834 @ 7.0% cap · market cap 7.60%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Dental Office Acupuncture Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,948
Businesses Nearby

Demographics for 90037, CA

63,706
Population
18,709
Households
3.4
Avg Household Size
33
Median Age
9%
College-Educated
54%
High-School Grad
2.9 sq mi
ZIP Area
21,968
Density / Sq Mi
$56,417
Median Household Income
$29,857
Median Earnings
$1,438
Median Rent
$632,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four two-bedroom residences offer updated interiors and tandem parking for each unit.
Where is this quadplex located?
The property is located at 456 W 52nd St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,090,000.
What are key features of this property?
This property features: Four 2‑bedroom, 1‑bathroom units; Eight parking spaces, arranged as two tandem spaces per unit; Updated kitchens and bathrooms, new flooring, and new windows
More about this property
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